Sunday, July 12, 2009

7 Indian firms among world's largest companies

Bangalore: Indian Oil Corporation (IOC) and Reliance Industries are among seven Indian companies which are listed in world's 500 largest companies compiled by Fortune for consecutive two years.

Oil giant Royal Dutch Shell leads the list of 500 elite companies for 2009, followed by another oil major Exxon Mobil and U.S. retailer Wal-Mart Stores.

The other Indian companies include Tata Steel, State Bank Of India [SBI], oil entities like Bharat Petroleum, Hindustan Petroleum and Oil & Natural Gas. IOC is placed at 105, followed by Tata Steel at the 258th spot, RIL at 264th, BPCL at 289th, HPCL at 311th, SBI at 363rd and ONGC at 402nd spot. IOC had revenues of $62.9 billion, Tata Steel $32 billion, RIL $31.7 billion, BPCL $29.9 billion, HPCL $28.2 billion, SBI $24.5 billion and ONGC $22.7 billion. Citigroup, Pepsico and Motorola, are also among the listed companies led by India-origins. Vikram Pandit led Citigroup is at the 39th place with revenues of $112.3 billion while Pepsico stood at the 175th spot with revenues worth $43.2 billion.Motorola is placed at the 282nd position. Royal Dutch Shell had revenues of $458.3 billion while Exxon Mobil and Wal-Mart made revenues worth $442.8 billion and $405.6 billion respectively.

Wal-Mart was at the premier spot in 2008 list while Royal Dutch Shell was at the third place.

Other firms in the top ten comprises of BP (fourth spot), Chevron (fifth), Total (sixth), Conoco Phillips (seventh), ING Group (eighth), Sinopec (nineth) and Toyota Motor (tenth).

37 companies in the Fortune 500 list represent China.

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